Land for Sale in Detroit, Michigan

435 Martin Luther King Jr Blvd Detroit, MI 48201

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$290,000
0.22 acres
pending saleUnder contract

Nearly a 1/4 acre lot in Midtown with high-visibility and flexible zoning! This Detroit Land Bank Authority property is located between Cass and Second on the southside of MLK. Just minutes from Wayne State University, Little Caesars Arena, Brush Park and Downtown. The property is zoned SD2 with great development potential.

Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines."

Directions

Woodward South to MLK, go west past Cass, South side of the street.

Location

Street Address
435 Martin Luther King Jr Blvd
Community
Cass Farm L1 P172 Plats
School District
Detroit
Elevation
617 feet
Coordinates
42.345, -83.0613

Property details

MLS Number
REALCOMP 20240022249
Date Posted

Property taxes

Recent
$4,710

Parcels

  • W02I000724C5

Legal description

This 0.22-acre property is located at 435 Martin Luther King Jr Blvd in Detroit, MI 48201 with latitude 42.345 and longitude -83.0613. The property is currently pending sale for $290,000 with a price per acre of $1,318,182. Listing data is sourced from Realcomp Limited II # 20240022249.

Verify sale details at the property source or contact Real Estate One at (248) 304-6700.

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Copyright (C) 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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